All posts tagged ZONE OF INSOLVENCY

The question of whether, how and where Eastman Kodak will declare bankruptcy isn’t the biggest challenge its financial executives face. It’s how to unlock the cash trapped inside its patents, or overseas.

Access to the cash value of its patents is complicated by Kodak’s deteriorating financial condition, which could leave executives open to charges of fraudulent conveyance, and Kodak doesn’t want to repatriate its foreign cash if a third or more goes straight to the U.S. government. Read More »